11th Accountancy - Book Back Answers - Unit 4 - English Medium Guides

 

 

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Tamil Nadu Board 11th Standard Accountancy - Unit 4 : Book Back Answers and Solutions

    This post covers the book back answers and solutions for Unit 4 – Accountancy from the Tamil Nadu State Board 11th Standard textbook. These detailed answers have been carefully prepared by our expert teachers at KalviTips.com.

    We have explained each answer in a simple, easy-to-understand format, highlighting important points step by step under the relevant subtopics. Students are advised to read and memorize these subtopics thoroughly. Once you understand the main concepts, you’ll be able to connect other related points with real-life examples and confidently present them in your tests and exams.

    By going through this material, you’ll gain a strong understanding of Accountancy Unit 4 along with the corresponding book back questions and answers (PDF format).

Question Types Covered:

• 1 Mark Questions: Choose the correct answer, Fill in the blanks, Identify the correct statement, Match the following 
• 2 Mark Questions: Answer briefly 
• 3, 4, and 5 Mark Questions: Answer in detail

All answers are presented in a clear and student-friendly manner, focusing on key points to help you score full marks.

All the best, Class 11 students! Prepare well and aim for top scores. Thank you!

Unit 4: Ledger

I. Multiple Choice Questions.

1. Main objective of preparing ledger account is to
(a) Ascertain the financial position
(b) Ascertain the profit or loss
(c) Ascertain the profit or loss and the financial position
(d) Know the balance of each ledger account
Answer Key:
(d) Know the balance of each ledger account

2. The process of transferring the debit and credit items from journal to ledger account called
(a) Casting
(b) Posting
(c) Journalising
(d) Balancing
Answer Key:
(b) Posting

3. J.F means
(a) Ledger page number
(b) Journal page number
(c) Voucher number
(d) Order number
Answer Key:
(b) Journal page number

4. The process of finding the net amount from the totals of debit and credit columns i ledger is known as
(a) Casting
(b) Posting
(c) Journalising
(d) Balancing
Answer Key:
(d) Balancing

5. If the total of the debit side of an account exceeds the total of its credit side, it means
(a) Credit balance
(b) Debit balance
(c) Nil balance
(d) Debit and credit balance
Answer Key:
(b) Debit balance

6. The amount brought into the business by the proprietor should be credited to
(a) Cash account
(b) Drawings account
(c) Capital account
(d) Suspense account
Answer Key:
(c) Capital account

II. Very Short Answer Questions.

a

III. Short Answer Questions.

a

IV. Answer the following questions in about a page.

a